News

The Financial Services Compensation Scheme (FSCS) is proposing to budget more than £7m for expenses related to recoveries in 2013/14, including from advisory businesses who recommended Keydata bonds.

Neil Woodford's giant income portfolios, two of the best performers over the past decade, have been given a ‘sell' rating in Sanlam Private Investments' (SPI) latest White List Income Study.

A Financial Services Authority (FSA) project to compensate thousands affected by the interest rate swaps mis-selling saga has been criticised for not having the victims' interests at heart.

New staff in the private sector face "next to no chance" of joining a final-salary pension scheme, according to the National Association of Pension Funds (NAPF), after a survey suggested the closure of such schemes is accelerating.

The many ways in which providers are remunerating advisers are "restricting choice and pushing up costs" for clients, according to the director of one advice firm.

Advice to opt out of state earnings-related pension schemes (SERPs) tops the list of complaints at claims management firm Open Resolution.

ING Direct is to stop accepting new mortgage applications from Thursday 28 February as part of its takeover by Barclays.

Solvency II could have ‘huge implications' for annuity customers with rates likely to fall by up to 20% if insurers are forced to hold greater reserves, Deloitte warns.

The Financial Services Authority (FSA) has answered 22 of advisers' key questions about the ongoing implementation and supervision of the Retail Distribution Review (RDR).

A third of employees would be willing to pay for an in-house financial adviser provided by their employer, according to Deloitte.